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U.S. inflation pressures slip in May - ECRI

 NEW YORK, June 6 (Reuters) - U.S. inflation pressures
slipped in May, as disinflationary moves in measures of jobs,
loans and vendor performance offset inflationary moves in
interest rates and commodities prices, a report said on
Friday.
 The Economic Cycle Research Institute's U.S. Future
Inflation Gauge, designed to anticipate cyclical swings in the
rate of inflation, slipped to 116.7 in May from 116.9 in April,
revised from 117.2.
 The index's annualized growth rate, which smooths out
monthly fluctuations, rose to minus 2.2 from minus 2.5 percent
in April, revised from negative 2.0 percent.
 (Reporting by Anastasija Johnson)

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